Zurich Insurance acquired Bright Box HK.

Zurich Insurance, a Swiss insurance company, acquired Bright Box HK, a connected car and telematics business. Financial terms were not disclosed. “We are excited by the potential that Bright Box brings to further strengthen our offerings to car drivers and the companies that support their needs. By enhancing our capabilities in data insights and analysis, we will be able to provide our customers more tailored and convenient solutions, which is in line with our strategy,” said Giovanni Giuliani, Group Chief Strategy, Innovation and Business Development Officer.